Personal Lines
Chubb CEO Greenberg: Q3 Catastrophe Hits ‘Within Our Tolerance for Risk’
Chubb, like many insurers and reinsurers, took significant catastrophe loss-hits from the hurricanes and earthquakes that struck in August and September. But the insurer kept overall net losses to ...
Global Insurers Will Seek Rate Hikes After Historic, Catastrophic Q3
Insurers and reinsurers around the globe are looking to raise rates after what looks set to be their most costly quarter on record. Hurricanes Irma and Maria alone caused as much as $135 billion in ...
The Role a CEO Should Play in Carrier-Agency Relationships
Years ago during a particularly challenging time for Arbella, the trust we had built with our independent agents was severely tested. On the advice of Arbella's vice chairman and my long-time mentor, ...
U.S. Auto Insurance Customers Slow to Adapt to Mobile Claims Apps: J.D. Power
Despite a nationwide advertising blitz for mobile auto insurance apps and widespread use of digital channels to purchase insurance, U.S. auto insurance customers have been slow to adopt digital ...
International Capital Standards Remain a Work in Progress: Ex-Fed Reserve Governor
The International Association of Insurance Supervisors (IAIS) is no closer to enacting international capital standards for insurers than it was when it took up the task five years ago, attendees at ...
The Latest Launches From PURE, The Zebra and Allied World
The PURE Group of Insurance Companies is releasing new coverage for individuals and families hit with financial losses stemming from fraud and cyber fraud. The Zebra, an online auto insurance ...
AIG Hires Former Conn. Insurance Commissioner Leonardi for Lobbying, Communications Role
A former Connecticut insurance commissioner is joining AIG as its new executive vice president, Government Affairs, Public Policy and Communications. Thomas Leonardi takes on his new role as of Nov. ...
Multiple Red Flags Place Profitable Growth for U.S. P/C Insurers in Jeopardy
While the U.S. property/casualty insurance industry is well capitalized and market sentiment is mostly positive, it still faces economic and market-based headwinds that will challenge its profitable ...